Share Price and Basic Stock Data
Last Updated: November 20, 2025, 10:26 pm
| PEG Ratio | 0.10 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
Force Motors Ltd, operating in the auto sector focusing on Light Commercial Vehicles (LCVs) and Heavy Commercial Vehicles (HCVs), reported a share price of ₹17,508 and a market capitalization of ₹23,075 Cr. The company has demonstrated significant revenue growth, with sales standing at ₹5,029 Cr in the fiscal year ending March 2023, up from ₹3,240 Cr in March 2022. This upward trend continued into the following fiscal year, with sales projected at ₹6,992 Cr for March 2024 and ₹8,072 Cr for March 2025. Quarterly sales figures reveal a robust trajectory, with the most recent quarter ending September 2023 recording sales of ₹1,802 Cr, reflecting a steady increase from ₹1,490 Cr in March 2023. Notably, the operating profit margin (OPM) improved from 6% in March 2023 to 13% in March 2024, underscoring the company’s ability to enhance operational efficiency amid rising sales.
Profitability and Efficiency Metrics
Force Motors has shown marked improvements in profitability metrics, with a net profit of ₹1,077 Cr for the trailing twelve months (TTM). The company’s return on equity (ROE) stood at 20.8%, while return on capital employed (ROCE) reached an impressive 30.0%. The operating profit for March 2025 is projected to be ₹1,099 Cr, indicating a significant increase from ₹313 Cr in March 2023. Additionally, the interest coverage ratio (ICR) stood at a remarkable 44.43x, suggesting strong earnings relative to interest obligations. The company reported a net profit margin of 9.91% for March 2025, reflecting effective cost management. However, the fluctuating net profit margins over the years, particularly the decline to -2.29% in March 2022, indicates potential volatility in profitability that investors should monitor closely.
Balance Sheet Strength and Financial Ratios
Force Motors’ balance sheet appears robust, with no reported borrowings, which contributes to a total debt to equity ratio of 0.01. The company’s book value per share increased significantly to ₹2,301.54 in March 2025 from ₹1,424.22 in March 2023, indicating enhanced shareholder value. The current ratio of 1.50 suggests that the company maintains sufficient liquidity to cover short-term liabilities. Additionally, the asset turnover ratio stands at 1.69, reflecting efficient use of assets to generate revenue. However, the absence of reserves might raise concerns regarding financial flexibility during downturns. The price-to-book value (P/BV) ratio of 3.93x is slightly elevated compared to typical sector ranges, indicating that the stock may be priced at a premium, which could deter value-oriented investors.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Force Motors reveals a stable ownership structure, with promoters holding 61.63% of the company. Foreign Institutional Investors (FIIs) have gradually increased their stake from 2.71% in December 2022 to 10.27% by March 2025, indicating growing confidence in the company’s prospects. Domestic Institutional Investors (DIIs) own a modest 1.48%, which highlights a cautious approach among domestic institutional players. The total number of shareholders has increased to 72,334, reflecting a broadening of the investor base. However, the declining public shareholding from 33.47% in December 2022 to 26.63% by March 2025 may suggest reduced retail investor interest, which could impact market liquidity. This evolving shareholding pattern is crucial for understanding investor sentiment and confidence in the company’s future performance.
Outlook, Risks, and Final Insight
Looking ahead, Force Motors is positioned to benefit from the ongoing recovery in the commercial vehicle segment, supported by rising infrastructure spending and demand for transportation solutions. However, the company faces risks such as potential supply chain disruptions and fluctuations in raw material costs, which could impact margins. Additionally, the historical volatility in profitability raises concerns about the sustainability of earnings growth. If the company continues to enhance operational efficiency and manage costs effectively, it could maintain its upward trajectory. Conversely, any adverse economic conditions or increased competition may pose challenges to its growth prospects. Overall, while Force Motors presents several strengths, including robust financial metrics and a strong market position, investors should remain vigilant regarding the inherent risks in the automotive industry.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Force Motors Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Force Motors Ltd | 23,075 Cr. | 17,508 | 22,000/6,125 | 28.1 | 2,661 | 0.23 % | 30.0 % | 20.8 % | 10.0 |
| SML ISUZU Ltd | 4,547 Cr. | 3,142 | 4,745/1,028 | 32.1 | 307 | 0.57 % | 27.1 % | 36.4 % | 10.0 |
| Olectra Greentech Ltd | 11,360 Cr. | 1,384 | 1,714/974 | 79.5 | 137 | 0.03 % | 20.5 % | 14.3 % | 4.00 |
| Tata Motors Ltd | 1,47,974 Cr. | 402 | 538/324 | 6.84 | 316 | 1.49 % | 20.0 % | 28.1 % | 2.00 |
| Ashok Leyland Ltd | 85,935 Cr. | 146 | 153/95.2 | 25.7 | 21.4 | 2.14 % | 14.3 % | 28.8 % | 1.00 |
| Industry Average | 54,578.20 Cr | 4,516.40 | 34.45 | 688.48 | 0.89% | 22.38% | 25.68% | 5.40 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 971 | 1,264 | 1,304 | 1,490 | 1,488 | 1,802 | 1,692 | 2,011 | 1,885 | 1,941 | 1,889 | 2,356 | 2,297 |
| Expenses | 930 | 1,166 | 1,250 | 1,372 | 1,310 | 1,581 | 1,477 | 1,733 | 1,640 | 1,664 | 1,658 | 2,027 | 1,974 |
| Operating Profit | 41 | 98 | 54 | 118 | 177 | 221 | 215 | 279 | 245 | 277 | 232 | 329 | 323 |
| OPM % | 4% | 8% | 4% | 8% | 12% | 12% | 13% | 14% | 13% | 14% | 12% | 14% | 14% |
| Other Income | 7 | 12 | 5 | 246 | 11 | 9 | 4 | 18 | 15 | 9 | 20 | 418 | 25 |
| Interest | 14 | 20 | 17 | 18 | 18 | 16 | 14 | 14 | 9 | 5 | 4 | 7 | 0 |
| Depreciation | 57 | 61 | 60 | 63 | 63 | 67 | 68 | 68 | 69 | 69 | 71 | 72 | 70 |
| Profit before tax | -23 | 30 | -18 | 284 | 107 | 147 | 137 | 214 | 182 | 211 | 177 | 668 | 278 |
| Tax % | -29% | 36% | -14% | 48% | 36% | 36% | 37% | 35% | 36% | 36% | 35% | 35% | 36% |
| Net Profit | -17 | 19 | -16 | 147 | 69 | 94 | 85 | 140 | 116 | 135 | 115 | 435 | 176 |
| EPS in Rs | -12.61 | 14.61 | -11.83 | 111.25 | 52.06 | 71.24 | 64.81 | 106.45 | 87.81 | 102.47 | 87.51 | 329.92 | 133.82 |
Last Updated: August 19, 2025, 3:29 pm
Below is a detailed analysis of the quarterly data for Force Motors Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 2,297.00 Cr.. The value appears to be declining and may need further review. It has decreased from 2,356.00 Cr. (Mar 2025) to 2,297.00 Cr., marking a decrease of 59.00 Cr..
- For Expenses, as of Jun 2025, the value is 1,974.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 2,027.00 Cr. (Mar 2025) to 1,974.00 Cr., marking a decrease of 53.00 Cr..
- For Operating Profit, as of Jun 2025, the value is 323.00 Cr.. The value appears to be declining and may need further review. It has decreased from 329.00 Cr. (Mar 2025) to 323.00 Cr., marking a decrease of 6.00 Cr..
- For OPM %, as of Jun 2025, the value is 14.00%. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 14.00%.
- For Other Income, as of Jun 2025, the value is 25.00 Cr.. The value appears to be declining and may need further review. It has decreased from 418.00 Cr. (Mar 2025) to 25.00 Cr., marking a decrease of 393.00 Cr..
- For Interest, as of Jun 2025, the value is 0.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 7.00 Cr. (Mar 2025) to 0.00 Cr., marking a decrease of 7.00 Cr..
- For Depreciation, as of Jun 2025, the value is 70.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 72.00 Cr. (Mar 2025) to 70.00 Cr., marking a decrease of 2.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 278.00 Cr.. The value appears to be declining and may need further review. It has decreased from 668.00 Cr. (Mar 2025) to 278.00 Cr., marking a decrease of 390.00 Cr..
- For Tax %, as of Jun 2025, the value is 36.00%. The value appears to be increasing, which may not be favorable. It has increased from 35.00% (Mar 2025) to 36.00%, marking an increase of 1.00%.
- For Net Profit, as of Jun 2025, the value is 176.00 Cr.. The value appears to be declining and may need further review. It has decreased from 435.00 Cr. (Mar 2025) to 176.00 Cr., marking a decrease of 259.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 133.82. The value appears to be declining and may need further review. It has decreased from 329.92 (Mar 2025) to 133.82, marking a decrease of 196.10.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: November 15, 2025, 3:20 am
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,022 | 2,364 | 3,025 | 3,069 | 3,423 | 3,652 | 3,081 | 1,988 | 3,240 | 5,029 | 6,992 | 8,072 | 8,624 |
| Expenses | 1,925 | 2,217 | 2,751 | 2,801 | 3,155 | 3,378 | 2,820 | 1,964 | 3,190 | 4,716 | 6,096 | 6,973 | 7,377 |
| Operating Profit | 97 | 147 | 274 | 268 | 268 | 275 | 261 | 24 | 50 | 313 | 897 | 1,099 | 1,247 |
| OPM % | 5% | 6% | 9% | 9% | 8% | 8% | 8% | 1% | 2% | 6% | 13% | 14% | 14% |
| Other Income | 60 | 66 | 71 | 86 | 69 | 82 | 3 | 2 | 52 | 268 | 37 | 446 | 488 |
| Interest | 9 | 7 | 5 | 6 | 7 | 15 | 28 | 28 | 41 | 68 | 62 | 26 | 12 |
| Depreciation | 85 | 81 | 92 | 113 | 129 | 151 | 195 | 174 | 191 | 241 | 267 | 280 | 284 |
| Profit before tax | 63 | 125 | 249 | 235 | 201 | 190 | 42 | -176 | -130 | 272 | 605 | 1,238 | 1,440 |
| Tax % | -24% | 19% | 28% | 23% | 27% | 25% | -20% | -30% | -30% | 51% | 36% | 35% | |
| Net Profit | 78 | 102 | 179 | 180 | 147 | 143 | 50 | -124 | -91 | 134 | 388 | 801 | 1,077 |
| EPS in Rs | 59.08 | 77.06 | 135.77 | 136.68 | 111.66 | 108.78 | 38.08 | -93.83 | -69.12 | 101.42 | 294.54 | 607.71 | 817.39 |
| Dividend Payout % | 5% | 6% | 7% | 7% | 9% | 9% | 26% | -5% | -14% | 10% | 7% | 7% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 30.77% | 75.49% | 0.56% | -18.33% | -2.72% | -65.03% | -348.00% | 26.61% | 247.25% | 189.55% | 106.44% |
| Change in YoY Net Profit Growth (%) | 0.00% | 44.72% | -74.93% | -18.89% | 15.61% | -62.31% | -282.97% | 374.61% | 220.64% | -57.70% | -83.11% |
Force Motors Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 21% |
| 3 Years: | 36% |
| TTM: | 15% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 18% |
| 5 Years: | 47% |
| 3 Years: | 100% |
| TTM: | 39% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 24% |
| 5 Years: | 74% |
| 3 Years: | 138% |
| 1 Year: | 126% |
| Return on Equity | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 8% |
| 3 Years: | 15% |
| Last Year: | 21% |
Last Updated: September 5, 2025, 3:30 pm
No data available for the Balance Sheet data table.
Cash Flow - No data available for this post.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 24 | 17 | 18 | 14 | 26 | 17 | 20 | 23 | 21 | 14 | 5 | 8 |
| Inventory Days | 97 | 87 | 92 | 73 | 68 | 66 | 91 | 136 | 89 | 77 | 83 | 73 |
| Days Payable | 77 | 87 | 70 | 80 | 81 | 52 | 95 | 108 | 72 | 69 | 61 | 48 |
| Cash Conversion Cycle | 44 | 17 | 40 | 6 | 13 | 31 | 15 | 52 | 38 | 22 | 27 | 32 |
| Working Capital Days | 24 | 15 | 23 | 30 | 43 | 43 | 6 | -5 | -37 | -6 | -2 | 16 |
| ROCE % | 6% | 10% | 18% | 14% | 11% | 10% | 5% | -5% | -3% | 5% | 24% | 30% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| Sundaram ELSS Tax Saver Fund | 39,000 | 2.58 | 34.97 | 39,000 | 2025-04-22 17:25:11 | 0% |
| Sundaram Equity Savings Fund (Growth Accum) | 12,500 | 1.33 | 11.21 | 12,500 | 2025-04-22 17:25:12 | 0% |
| Sundaram Equity Savings Fund (Qtr Div) | 12,500 | 1.33 | 11.21 | 12,500 | 2025-04-22 17:25:12 | 0% |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | 607.71 | 294.54 | 101.43 | -69.13 | -93.83 |
| Diluted EPS (Rs.) | 607.71 | 294.54 | 101.43 | -69.13 | -93.83 |
| Cash EPS (Rs.) | 819.86 | 507.43 | 298.24 | 88.48 | 47.10 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 2301.54 | 1712.71 | 1424.22 | 1327.66 | 1395.85 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 2301.54 | 1712.71 | 1424.22 | 1327.66 | 1395.85 |
| Revenue From Operations / Share (Rs.) | 6124.23 | 5305.11 | 3815.61 | 2458.59 | 1508.49 |
| PBDIT / Share (Rs.) | 871.99 | 719.11 | 297.30 | 90.30 | 28.82 |
| PBIT / Share (Rs.) | 659.36 | 516.72 | 114.64 | -54.58 | -102.94 |
| PBT / Share (Rs.) | 939.10 | 469.57 | 220.80 | -85.71 | -124.36 |
| Net Profit / Share (Rs.) | 607.24 | 305.04 | 115.58 | -56.39 | -84.67 |
| NP After MI And SOA / Share (Rs.) | 607.54 | 294.45 | 101.40 | -69.10 | -93.80 |
| PBDIT Margin (%) | 14.23 | 13.55 | 7.79 | 3.67 | 1.91 |
| PBIT Margin (%) | 10.76 | 9.74 | 3.00 | -2.21 | -6.82 |
| PBT Margin (%) | 15.33 | 8.85 | 5.78 | -3.48 | -8.24 |
| Net Profit Margin (%) | 9.91 | 5.74 | 3.02 | -2.29 | -5.61 |
| NP After MI And SOA Margin (%) | 9.92 | 5.55 | 2.65 | -2.81 | -6.21 |
| Return on Networth / Equity (%) | 26.39 | 17.20 | 7.12 | -5.21 | -6.72 |
| Return on Capital Employeed (%) | 25.49 | 24.50 | 6.03 | -3.02 | -5.73 |
| Return On Assets (%) | 15.59 | 8.79 | 3.32 | -2.48 | -3.81 |
| Long Term Debt / Equity (X) | 0.00 | 0.16 | 0.31 | 0.34 | 0.26 |
| Total Debt / Equity (X) | 0.01 | 0.23 | 0.50 | 0.61 | 0.28 |
| Asset Turnover Ratio (%) | 1.69 | 1.66 | 1.30 | 0.93 | 0.62 |
| Current Ratio (X) | 1.50 | 1.25 | 1.04 | 0.80 | 1.01 |
| Quick Ratio (X) | 0.80 | 0.53 | 0.48 | 0.30 | 0.37 |
| Inventory Turnover Ratio (X) | 6.88 | 5.26 | 5.37 | 4.32 | 2.74 |
| Dividend Payout Ratio (NP) (%) | 3.29 | 3.39 | 9.86 | -7.23 | -10.66 |
| Dividend Payout Ratio (CP) (%) | 2.43 | 2.01 | 3.52 | 6.59 | 26.33 |
| Earning Retention Ratio (%) | 96.71 | 96.61 | 90.14 | 107.23 | 110.66 |
| Cash Earning Retention Ratio (%) | 97.57 | 97.99 | 96.48 | 93.41 | 73.67 |
| Interest Coverage Ratio (X) | 44.43 | 15.25 | 5.73 | 2.90 | 1.35 |
| Interest Coverage Ratio (Post Tax) (X) | 16.68 | 7.47 | 0.18 | -0.81 | -2.95 |
| Enterprise Value (Cr.) | 11434.78 | 9625.28 | 2352.96 | 2346.33 | 2030.17 |
| EV / Net Operating Revenue (X) | 1.42 | 1.38 | 0.46 | 0.72 | 1.02 |
| EV / EBITDA (X) | 9.95 | 10.16 | 6.00 | 19.72 | 53.44 |
| MarketCap / Net Operating Revenue (X) | 1.48 | 1.37 | 0.30 | 0.41 | 0.77 |
| Retention Ratios (%) | 96.70 | 96.60 | 90.13 | 107.23 | 110.66 |
| Price / BV (X) | 3.93 | 4.23 | 0.81 | 0.77 | 0.83 |
| Price / Net Operating Revenue (X) | 1.48 | 1.37 | 0.30 | 0.41 | 0.77 |
| EarningsYield | 0.06 | 0.04 | 0.08 | -0.06 | -0.08 |
After reviewing the key financial ratios for Force Motors Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 607.71. This value is within the healthy range. It has increased from 294.54 (Mar 24) to 607.71, marking an increase of 313.17.
- For Diluted EPS (Rs.), as of Mar 25, the value is 607.71. This value is within the healthy range. It has increased from 294.54 (Mar 24) to 607.71, marking an increase of 313.17.
- For Cash EPS (Rs.), as of Mar 25, the value is 819.86. This value is within the healthy range. It has increased from 507.43 (Mar 24) to 819.86, marking an increase of 312.43.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 2,301.54. It has increased from 1,712.71 (Mar 24) to 2,301.54, marking an increase of 588.83.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 2,301.54. It has increased from 1,712.71 (Mar 24) to 2,301.54, marking an increase of 588.83.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 6,124.23. It has increased from 5,305.11 (Mar 24) to 6,124.23, marking an increase of 819.12.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 871.99. This value is within the healthy range. It has increased from 719.11 (Mar 24) to 871.99, marking an increase of 152.88.
- For PBIT / Share (Rs.), as of Mar 25, the value is 659.36. This value is within the healthy range. It has increased from 516.72 (Mar 24) to 659.36, marking an increase of 142.64.
- For PBT / Share (Rs.), as of Mar 25, the value is 939.10. This value is within the healthy range. It has increased from 469.57 (Mar 24) to 939.10, marking an increase of 469.53.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 607.24. This value is within the healthy range. It has increased from 305.04 (Mar 24) to 607.24, marking an increase of 302.20.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 607.54. This value is within the healthy range. It has increased from 294.45 (Mar 24) to 607.54, marking an increase of 313.09.
- For PBDIT Margin (%), as of Mar 25, the value is 14.23. This value is within the healthy range. It has increased from 13.55 (Mar 24) to 14.23, marking an increase of 0.68.
- For PBIT Margin (%), as of Mar 25, the value is 10.76. This value is within the healthy range. It has increased from 9.74 (Mar 24) to 10.76, marking an increase of 1.02.
- For PBT Margin (%), as of Mar 25, the value is 15.33. This value is within the healthy range. It has increased from 8.85 (Mar 24) to 15.33, marking an increase of 6.48.
- For Net Profit Margin (%), as of Mar 25, the value is 9.91. This value is within the healthy range. It has increased from 5.74 (Mar 24) to 9.91, marking an increase of 4.17.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 9.92. This value is within the healthy range. It has increased from 5.55 (Mar 24) to 9.92, marking an increase of 4.37.
- For Return on Networth / Equity (%), as of Mar 25, the value is 26.39. This value is within the healthy range. It has increased from 17.20 (Mar 24) to 26.39, marking an increase of 9.19.
- For Return on Capital Employeed (%), as of Mar 25, the value is 25.49. This value is within the healthy range. It has increased from 24.50 (Mar 24) to 25.49, marking an increase of 0.99.
- For Return On Assets (%), as of Mar 25, the value is 15.59. This value is within the healthy range. It has increased from 8.79 (Mar 24) to 15.59, marking an increase of 6.80.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 0.2. It has decreased from 0.16 (Mar 24) to 0.00, marking a decrease of 0.16.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.01. This value is within the healthy range. It has decreased from 0.23 (Mar 24) to 0.01, marking a decrease of 0.22.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 1.69. It has increased from 1.66 (Mar 24) to 1.69, marking an increase of 0.03.
- For Current Ratio (X), as of Mar 25, the value is 1.50. This value is within the healthy range. It has increased from 1.25 (Mar 24) to 1.50, marking an increase of 0.25.
- For Quick Ratio (X), as of Mar 25, the value is 0.80. This value is below the healthy minimum of 1. It has increased from 0.53 (Mar 24) to 0.80, marking an increase of 0.27.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 6.88. This value is within the healthy range. It has increased from 5.26 (Mar 24) to 6.88, marking an increase of 1.62.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 3.29. This value is below the healthy minimum of 20. It has decreased from 3.39 (Mar 24) to 3.29, marking a decrease of 0.10.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 2.43. This value is below the healthy minimum of 20. It has increased from 2.01 (Mar 24) to 2.43, marking an increase of 0.42.
- For Earning Retention Ratio (%), as of Mar 25, the value is 96.71. This value exceeds the healthy maximum of 70. It has increased from 96.61 (Mar 24) to 96.71, marking an increase of 0.10.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 97.57. This value exceeds the healthy maximum of 70. It has decreased from 97.99 (Mar 24) to 97.57, marking a decrease of 0.42.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 44.43. This value is within the healthy range. It has increased from 15.25 (Mar 24) to 44.43, marking an increase of 29.18.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 16.68. This value is within the healthy range. It has increased from 7.47 (Mar 24) to 16.68, marking an increase of 9.21.
- For Enterprise Value (Cr.), as of Mar 25, the value is 11,434.78. It has increased from 9,625.28 (Mar 24) to 11,434.78, marking an increase of 1,809.50.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 1.42. This value is within the healthy range. It has increased from 1.38 (Mar 24) to 1.42, marking an increase of 0.04.
- For EV / EBITDA (X), as of Mar 25, the value is 9.95. This value is within the healthy range. It has decreased from 10.16 (Mar 24) to 9.95, marking a decrease of 0.21.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 1.48. This value is within the healthy range. It has increased from 1.37 (Mar 24) to 1.48, marking an increase of 0.11.
- For Retention Ratios (%), as of Mar 25, the value is 96.70. This value exceeds the healthy maximum of 70. It has increased from 96.60 (Mar 24) to 96.70, marking an increase of 0.10.
- For Price / BV (X), as of Mar 25, the value is 3.93. This value exceeds the healthy maximum of 3. It has decreased from 4.23 (Mar 24) to 3.93, marking a decrease of 0.30.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 1.48. This value is within the healthy range. It has increased from 1.37 (Mar 24) to 1.48, marking an increase of 0.11.
- For EarningsYield, as of Mar 25, the value is 0.06. This value is below the healthy minimum of 5. It has increased from 0.04 (Mar 24) to 0.06, marking an increase of 0.02.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
Unable to fetch valid data for stock valuation.Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Force Motors Ltd:
- Net Profit Margin: 9.91%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 25.49% (Industry Average ROCE: 22.38%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 26.39% (Industry Average ROE: 25.68%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 16.68
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 0.8
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 28.1 (Industry average Stock P/E: 34.45)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.01
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 9.91%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Auto - LCVs/HCVs | Mumbai-Pune Road, Akurdi, Pune Maharashtra 411035 | compliance-officer@forcemotors.com http://www.forcemotors.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Abhaykumar Navalmal Firodia | Chairman |
| Mr. Prasan Abhaykumar Firodia | Managing Director |
| Mr. Prashant V Inamdar | Executive Director - Operations |
| Ms. Sonia Prashar | Independent Director |
| Mr. Vallabh Roopchand Bhanshali | Independent Director |
| Mr. Mukesh Mangalbhai Patel | Independent Director |